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Driven by rising Water Pollution Level, Global Water Treatment Chemicals Market to Touch US$46.5 bn by 2027

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Driven by rising Water Pollution Level, Global Water Treatment Chemicals Market to Touch US$46.5 bn by 2027

November 17
17:44 2020
Driven by rising Water Pollution Level, Global Water Treatment Chemicals Market to Touch US$46.5 bn by 2027
WATER TREATMENT CHEMICALS MARKET BY TYPE (COAGULANTS, PH ADJUSTERS & SOFTENERS, FLOCCULANTS, BIOCIDES & DISINFECTANTS, SCALE INHIBITORS & DISPERSANTS, CORROSION INHIBITORS, AND OTHERS) AND END-USE INDUSTRY (INDUSTRIAL AND MUNICIPAL & OTHERS): GLOBAL OPPORTUNITY ANALYSIS AND INDUSTRY FORECAST, 2020-2027

A new study by Report Ocean states that the global water treatment chemicals market is likely to register a high rise due to increasing water pollution. The study is titled “Water Treatment Chemicals Market by Type (Coagulants, pH Adjusters & Softeners, Flocculants, Biocides & Disinfectants, Scale Inhibitors & Dispersants, Corrosion Inhibitors, and Others) and End-Use Industry (Industrial and Municipal & Others): Global Opportunity Analysis and Industry Forecast, 2020–2027.”

 GET SAMPLE COPY @ https://www.reportocean.com/industry-verticals/sample-request?report_id=AMR1213

As per the report, the worldwide water treatment chemicals market stood at US$33.3 bn in 2019. The market is estimated to expand at a CAGR of 5.0% between 2020 and 2027 and reach $46.5 bn by the end of the forecast period. The alarming rise in the water pollution level is the main factor behind the growth of this market. The implementation of strict government rules on the level of total suspended solids (TSS) in water is also supporting the growth of this market.

Going forward, the constant increase in industrial activities and the global population is likely to add to the demand for water treatment chemicals in the years to come. However, high cost of water treatment chemicals and the presence of alternate treatment technologies may hamper the market in the near future. Nonetheless, the rise in the demand for these chemicals in emerging economies is  likely to aid the market in the long run.

Impact of Covid 19 on Water Treatment Chemicals Market

The impact of Covid 19 on the global water treatment chemicals market is mostly positive. The worldwide spread of Coronavirus has increased concerns and awareness among consumers regarding clean environment, especially aquatic one. This has encouraged key pesticides manufacturers to expand their research scope in water treatment chemicals, which has reflected positively on this market.

North America to Retain Leadership

In this report, the worldwide water treatment chemicals market has been assessed on three fronts: The type, end-use industry, and the region. Based on the type, the market has been classified into coagulants, pH adjusters and softeners, flocculants, biocides and disinfectants, scale inhibitors and dispersants, and corrosion inhibitors. In terms of the end-use industry, industrial and municipal have surfaced as the key end-use industries of water treatment chemicals.

Geographically, the market has been considered to spread across North America, Europe, Asia Pacific, and LAMEA. Accounting for a substantial share in the global market, North America has emerged as the market leader. Researchers expect this scenario to remain so in the years to come.

Key Findings:

  • Stringent government regulations on TSS level in water is boosting the demand for water treatment chemicals.
  • North America dominates the global water treatment chemicals market.

The global water treatment chemicals market is segmented into:

By Type

  • Coagulants
  • pH Adjusters & Softeners
  • Flocculants
  • Biocides & Disinfectants
  • Scale Inhibitors & Dispersants
  • Corrosion Inhibitors
  • Others

By End-use Industry

  • Industrial
    • Power Generation
    • Refineries
    • Pulp & Paper
    • Metal & Mining
    • Food & Beverages
    • Oil & Gas
    • Sugar
    • Others
  • Municipal & Others
    • Drinking Water
    • Waste Water

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Saudi Arabia
    • South Africa
    • Rest of LAMEA

Companies Mentioned in the Report

  • Akzo Nobel N.V.
  • Baker Hughes Company
  • BASF SE
  • Ecolab Inc.
  • Kemira OYJ
  • Lonza Group AG
  • SNF Floerger
  • Solenis LLC
  • Suez SA
  • Dow Chemical Company

READ FULL REPORT @ https://www.reportocean.com/industry-verticals/sample-request?report_id=AMR1213

Media Contact
Company Name: Report Ocean
Contact Person: Nishi Sharma
Email: Send Email
Phone: +91-9997112116
Address:BSI Business Park,H-15, Sector-63, Noida
City: Noida
State: UP, 201301
Country: India
Website: www.reportocean.com

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